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Not so lucky in Augusta
Augusta remains a war zone from Helene, trees & power lines down everywhere, 10 days and counting no power, etc. we were ground zero, with the hurricane just sitting stationary over us from about 3:30-5:30am Friday morning with sustained winds of 100+ mph and just destroyed us all around. God bless the more than 25,000 linesmen from all over, including Canada, just in Augusta working to address the carnage and get power up. After that it’ll be even longer to get xfinity wires rehung and back up.And now Hurricane Milton may be following the same path … 😕
I was lucky that at an early age I always knew I wanted to be an engineer and a lawyer (for no discernible reason), just sorta like a vision quest. The additional degrees just evolved over time.
But I completely agree with you, if you enjoy what you’re doing it’s not really work, just so long it’s kept in perspective re family and loved ones. As you, I do feel blessed for all I have in my life.
I will never understand why there are those who focus on financial gain, creating hurdles— if not bankrupting — efforts to develop lifesaving medical advances. There’ll surely be a special place for them in the end.
I look forward to the completion of your new GA & move, hopefully by the New Year and meeting up with you & others in the area to celebrate NWBO’s ultimate success!
All the best, Cap
We definitely share interests in engineering/science + business. However, for me, after 10+ years working in technology, I went on to the 2nd phase of my career plan, receiving two law degrees: a JD (IP focused) and then an LL.M (Intl Law). My goal was to mold a career merging technology & business in a legal context and global framework. Whether insightful or just a historical fluke, the timing was perfect and worked out as I’d hoped.
Your reflection of the impact Steve Jobs had on you resonated with me. As during my career I was fortunate to meet and/or work with a number of interesting people, eg, inventors of the MRI, Prozac, CCD semiconductors (alleviated video blooming), and one of the “Father of Internet.” Being around significant innovators has always been very rewarding to me.
Specific to NWBO & DC-Vax: understanding the complex process for Prozac helped me understand the complexity of the development process, clinical phases, regulatory processes, and the time/resources involved in getting RA approval. And in the case of Prozac, that was for a single molecule AND the resources of Eli Lilly, not for a new SOC involving a vaccine, processing platform, and very small biotech company. As always, if one is comfortable with your DD, as am I with NWBO, patience will be rewarded and soon IMHO.
Yes that was the post that made me think you were from the area. Pretty awesome experience re Steve Jobs. When you mentioned Fortune magazine, reminded me of an article I read re Jobs after John Sculley came in and Jobs was ultimately sacked. The focus was sprinters vs marathoners, thesis being most entrepreneurs (eg Jobs) are only good at being sprinters & few can successfully transition, using DEC’s Ken Olson as an eg of a rare breed who was able to. History ultimately proved that incorrect vis-à-vis Jobs. Seems NWBO has a few rare breed of folks there too.
PS Funny your mentioning the Bernardsville Inn, as that is where my parents threw a reception for me when I received dual degrees in eng’g & biz.
Thx 2B_Unknown, Drugrunner & Biosecinvestor for your comments. I have no idea why I’ve experienced these delays. I finally set up wiring instructions for transfers to avoid delays, but may do as Biosectinvestor and just set up a Schwab checking account to make all this easier + to avoid wiring fees. GLTU all!
Got it. I’m retired too, crazy to think it’s already 15 yrs. I highly recommend folks doing it young — as I did — if one can.
Re AT&T/Bell Labs: don’t recall why, but for some reason I thought you had a connection there. Our house in Bernardsville/Basking Ridge was up the hill above what was then AT&T’s Eastern Seaboard Headquarters, which we referred to as the Pagoda; now Verizon’s Corp Headquarters. For a time I had a connection to Vz as management and went there from DC before my 1st retirement, now into my 2nd.
My experience with Schwab is similar, but with one addl comment: if I ACH $ into my Schwab account it takes 2 biz day to post, then 3 biz days more before it is available to buy, eg, an OTC stock like NWBO, so 5 biz days in Toto. Funds are available sooner if not buying a penny, OTC stock like NWBO, like a fund.
On the flip side, if I transfer $ out of Schwab to, eg, BofAm, the fund are available the next day there. Go figure.
Augusta is beautiful, moved back about a year ago after being away for 30 years living between DC & The Netherlands. Great to be back! Wishing you the best of luck meeting your plan to be down in your new by/before New Years! I’m down with getting all longs in the region (and anyone else who wants to join in) for a well-deserved NWBO celebration! Cap
PS Aside from soon having GA in common, am from the Basking Ridge area (near Jockey Hollow) and for some reason thought you lived/worked around there too. If so, small world …
Let me know when you’re all done, including the bench grove. I’m in Augusta and be happy to come over, meet and chill for a spell!
Not Dutch but did live in Eindhoven for a good while, love The Netherlands and the Dutch I knew, beautiful country, miss it!
Thanks VikingInvest, IMHO 100% spot on!
StonkMaster, personally, and IMHO, I believe the MTD should be denied, but nothing can be certain.
I’m throwing lots of weasel words to my comment because this is a fairly new type of claim/cause of action, perhaps not a case of first impression, but seems close, thus no deep caselaw jurisprudentially to rely on. So the court may be proceeding much more carefully and giving this a much higher level of scrutiny than it might for a more well-trod path sort of case.
Just a guess, but this may be, at least in part, why (to me) the bar seems so high here to file a complaint adequately stating a claim upon which relief may be granted, ie, eg, the standard to survive a 12(b)(6) MTD motion. I’m not even close to any sort of litigation expert, but never seen a requirement to plead facts with such specificity to survive a MTD, BEFORE discovery, to meet the well-plead complaint standard.
Lots of jibber-jabber re some of my background thoughts, to simply say IMHO I believe the MTD will be denied. Sorry about the meandering. Cap
Flipper, agree that this seems simpler bc — on its face — it’s a single issue to address vs all others already covered in the prior R&R, so I too am a bit frustrated (understatement) we’ve seen nothing yet. Just think trying to equate/calculate how long it took the magistrate/court last time for us to hear something now just unnecessarily raises expectations I think are unfounded and adds to the angst. Do I think/hope we get a ruling soon, of course, but just don’t think we can use history to logic when that will be. There is no court or rule mandate timelinewise, so it’ll be whenever it happens. Cap
RRH, just an aside, but having clerked & done a lot with fed courts, preceding historical times is not really relevant and hate these comparisons. There are summer changes with law clerks, vacations, other emergent matters, and tons of other stuff are always at play. How about we just wait for whenever the court just does something, without historical timeline comparison’s etc. Very familiar with inside court machinations and promise none of this is a factor there.
ILT, v happy to help, it’s the least I can do as small thanks for all your (greatly appreciated) posts! Cap
On Schwab Mobile app, if you go to the specific account, then choose Gail/Loss at the top, then click on NWBO, it’ll show you Long & Short Term separated by dates, lots & pps paid. The diff with what one could see on the TDA app is it showed you $ +/- figure per lot as well. It’s possible the desktop Schwab app gives more re $ +/- as well, didn’t check.
Oops, sorry, meant Viking :)
Thermo, agree with you here & thank you for your periodic, sage posts and continued interest/faith(?) in NWBO. I’m pasting what I wrote on a different forum, with the same wishes here:
“Who the F cares with all these calendar discussions re what date is THE one on the 150day clock? Please all give it a rest! Whatever happens will happen when it happens, no matter what THAT is or will be 🙄. Can we all just go on with your lives (or get one), because all these such posts are a waste of time. In the meantime I’m just buying more share at these prices because I feel ok with my DD, and just keep adding. The rest of these sorts of posts is just a waste of bits & bytes. Believe or just move on!”
Cap
RRH: got it, appreciate the clarification, makes sense. For a case of this magnitude would’ve been surprised to not have a magistrate involved. Thanks.
RRH: there won’t be a next R&R, because that was written by the magistrate in this case to the US District Judge, for the judge to accept, reject, modify, etc. We no longer have a magistrate in the NWBO suit, so with the completion of briefing, oral arguments, if allowed, the next step is solely in the hands of the judge to rule on defendants’ MTD.
PS I have read comments by some saying the judge denied defendants’ request for oral argument, but do not know if that is true. If so, absent a request from the court for parties to address a particular issue, we wait for the judge’s MTD ruling.
Attilathehunt: Re breakdown of votes, during the ASM, it was the final tally on votes would be submitted in a SEC Form 8 filing once vote count finalized & certified.
Further to what DocLee said re time difference with the UK:
the only time UK isn’t 5hrs ahead is for the interim when the US enters DST earlier than the UK, in which case UK is 4hrs ahead; and on the back end the diff from when UK ends DST vs US, in which case they’re 6 hrs ahead. The offset with the EU is similar, just 5hr & 7hrs during front/back interims. Those interims played havoc with flight times, etc when I not only lived/traveled in both US & EU, but with my global org folks.
Fluteman: you said if the MTD is denied again.
If memory serves correctly, the Magistrate’s R&R to the District Court Judge was to grant defendants’ MTD, which the Judge adopted, but granted plaintiff (NWBO) the ability to file a Second Amended Complaint to address the causation-linkage deficiency noted in the R&R.
Thus the full iteration of filing of the Second Amended Complaint, defendants’ opposition brief, NWBO’ reply, defendants’ rebuttal & request for oral argument, which I think is where we are: waiting for the ruling on the request for oral argument, then the ultimate ruling on the MTD.
I know Jerry Campbell posted a link to the NWBO SEC 14A filed with the link/phone#’s/ passcodes/etc for the NWBO ASM this Saturday, 1:30 EDT, but here is a copy/ paste of the salient info for convenience in case it’s helpful:
Northwest Biotherapeutics, Inc. (the “Company”) is filing this supplemental disclosure to advise stockholders on how they may connect from a remote location through an audio-only link to the Annual Meeting of Stockholders to be held on Saturday, June 29, 2024 at 1:30 p.m. Eastern Time (the “Annual Meeting”). Stockholders who cannot attend the Annual Meeting in person will need to vote prior to the meeting as the audio-only link will not enable voting during the meeting.
The Annual Meeting may be accessed by stockholders and guests in audio-only mode by accessing
https://gibsondunn.zoom.us/j/94401295595
Passcode: 324816
Alternatively, the Annual Meeting may be accessed telephonically in listening-only mode by dialing:
(669) 219-2599 or (669) 900-6833
Webinar ID: 944 0129 5595
Passcode: 324816.
Following the Annual Meeting, there will be an informal discussion period as time permits. Stockholders may submit written questions to the Company prior to 6:00 p.m. Eastern Time on Wednesday, June 26, 2024.
The Company strongly encourages its eligible stockholders to vote and submit their proxies in advance of the Annual Meeting by methods described in the proxy materials distributed to stockholders on or about June 3, 2024. If stockholders have already voted, no additional action is required.
Additional details regarding the Annual Meeting and the matters to be presented to stockholders at the Annual Meeting are available in the Company’s definitive proxy statement, filed with the Securities and Exchange Commission on June 3, 2024. Stockholders may also access the definitive proxy statement and other proxy materials by visiting:
http://www.edocumentview.com/NWBO
a strong +1 to Inveterate’s comment re thanks & appreciation of kabubushi!
Kab, echoing positive sentiments others have expressed to your post here. I’ve been here in NWBO a number of years, and have always appreciated your comments, insights & posts. Pls don’t let those few dissuade you from your ongoing contributions. I and many would miss your thoughts.
I’m still strong in my DD research & beliefs re NWBO, and continue my ongoing adding, including a bunch Fri @ 0.455 and 0.4512, with more opportunities perhaps to come next week! I know you’re reevaluating the size of your holdings and am ok with that, as anyone should. All the best to you and thank you for your contributions over these years. Cap
Oops, meant LP not LG
Agree with what you said BB, great post, and I def think this exclusive in-licensing agreement PR’ed today — and the prior one entered into, particularly how quietly they were done, continue to affirm my opinion re the sophisticated plans LG et als have afoot for nwbo. Cap
Insider:
“I met Jerry stiller in 1999 on a job I was on. awesome guy had a short conversation with him. He was the type of guy you could talk to as if you knew him for years.”
That’s awesome, what a great couple, always enjoyed Stiller & Meara.
Smokey, agree with you on (IMHO) the positive aspects of all this, except “I believe the EXCLUSIVE licensing deal makes revelation of the terms less sensitive …” Exclusiveness is not relevant to me, as I said for decades I’ve headed up large tech corporate global IP & Licensing ops for decades and licensing terms were always v confidential, so just find this level of disclosure quite the exception. Not saying good or bad, just giving me food for thought to think about is all. Cap
Sorry Cap’n, didn’t think my reply was obscure, did see Jerry Stiller/George’s Seinfeld dad, gave me a chuckle, thx,
Chiugray: when I read “for a very small amount of cash upfront, we just acquired 5 new patent families of DCs just filed in 2023” absent more explanation, those words to me that say 5 families of patent “applications”, no issued patents, so who knows how the patent prosecution goes, where it leads re issued patents, all just IMHO.
(For the record, like v much the today PR and quiet activities re in-licensing of IP/Know How & patents!).
GLTUA & NWBO, been long & strong for many years.
Cap
Agreed BB. Also think the timing interesting, the signing & announcement of this exclusive licensing deal, with a total expected cost of about $2.5 mil ( not sure this includes up-front payment, IMHO it doesn’t), on the heels of closing the abt $3 mil HF placement. Coincidence … who knows, but not a big believer in coincidences, just saying … Also, lead a few large corporate global IP organizations and have NEVER seen or issued a PR divulging license terms, including esp royalty rates and total estimated costs. Curious & v interesting to me.
Re George Castanza’s father suppressed image: totally, thumbs up :)
Ummm Cap’n Obvious, may want to reread the paragraph re royalty payments. Cap
Rdneum, appreciate both your posts re price projections & timeline. Agree it’s nice to see something/anything re timeline estimates. Thx!
Curious if anyone else caught the Cel-Sci/CVM short commercial ad on CNBC this morning like 8ish EDT? It was v short, like 15s ish, and I was so caught off-guard by it, didn’t really catch what the message was, other than seeing/hearing the cos name, stock symbol etc. It’s the first time I ever saw them do an ad, esp during a prime show like the Squawk Box segment, thought it interesting and wanted to share.
FEIW, article re supposed 14 Market Maker Signals:
http://www.pennystockdream.com/Market-Maker-Signals
LOL, you just gave me a big chuckle, albeit I think unintentionally, but just the same, thx HYPEROPIA for starting a sentence with “in hindsight …” didn’t know which way to look :) … ok geek humor done, sorry all …
ATL, precisely my thought exactly!!!!
I kept holding back from responding, but with each comment re max $12 billion valuation & how happy they’d be with $10, sure seemed like a concerted swarm by a few to sway/skew expectations. BS IMHO
Cap (now in Augusta)